Regulation, Risk & Compliance
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Treasury sukuk auction for Q3 attracts strong demand from eight banks
A Yield to Maturity (YTM) of 4.77 % on the 3-Year tranche and 4.43 % on the 5-Year tranche, representing a 1 to 3bps price tightening below US Treasuries with similar maturities. The Ministry of Finance as the issuer, in collaboration with the Central Bank of the UAE (CBUAE) as…
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Source: UAE Ministry of Finance